Bank accounts per 1,000 adults in Namibia
Namibia: Bank accounts per 1,000 adults was 1,221 in 2020. ◆ Volatile
Bank accounts per 1,000 adults in Namibia, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
The most recent figure for bank accounts per 1,000 adults in Namibia is 1,221, measured in 2020. That is the highest value across all 17 years on record.
The figure is up 5.8% on the previous year and up 619.0% over ten years.
Over the whole period, bank accounts per 1,000 adults in Namibia peaked at 1,221 in 2020 and was at its lowest, 99.54, in 2005.
Namibia ranks 26th of 103 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank accounts per 1,000 adults in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 103.32 | — |
| 2005 | 99.54 | -3.7% |
| 2006 | 144.48 | +45.2% |
| 2007 | 154.82 | +7.2% |
| 2008 | 156.64 | +1.2% |
| 2009 | 170.09 | +8.6% |
| 2010 | 169.81 | -0.2% |
| 2011 | 455.68 | +168.3% |
| 2012 | 670.65 | +47.2% |
| 2013 | 747.53 | +11.5% |
| 2014 | 881.12 | +17.9% |
| 2015 | 934.5 | +6.1% |
| 2016 | 913.03 | -2.3% |
| 2017 | 937.02 | +2.6% |
| 2018 | 1,071 | +14.3% |
| 2019 | 1,154 | +7.8% |
| 2020 | 1,221 | +5.8% |
Namibia compared with similar countries
- Namibia's 1,221 is above the median for lower middle income countries, which is 408.53, 3.0× the median. (36 countries reporting)
- Namibia's 1,221 is above the median for Sub-Saharan Africa, which is 194.06, 6.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Bank accounts per 1,000 adults in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +168.3% | 169.81 | 455.68 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 138.15 | 99.54 | 170.09 | 6 |
| 2010s | 793.45 | 169.81 | 1,154 | 10 |
| 2020s | 1,221 | 1,221 | 1,221 | 1 |
Countries ranked near Namibia
More financial sector data for Namibia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0663 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0484 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0663 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Namibia?
- Bank accounts per 1,000 adults in Namibia was 1,221 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Namibia?
- The highest recorded value was 1,221 in 2020.
- What is the lowest bank accounts per 1,000 adults recorded in Namibia?
- The lowest recorded value was 99.54 in 2005.
- How does Namibia rank for bank accounts per 1,000 adults?
- Namibia ranks 26th out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Namibia?
- Over the last ten years it is up 619.0%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.